Stocks to Watch on May 28: ITC, LIC, Bosch, Tata Steel, Belrise, and More in Focus
Key Earnings, Stake Sales, Dividends, and Order Wins Drive Market Attention
Here are top stocks in focus for Tuesday, May 28, driven by Q4 results, corporate actions, stake sales, and major developments:
Major Q4 Earnings Highlights
- LIC: Profit surged 38.1% YoY to ₹19,038.7 crore, despite a 3.2% decline in net premium income. Declared a ₹12 final dividend.
- MedPlus Health: Profit jumped 53.7% YoY, while revenue grew marginally by 1.3%.
- Bosch: Revenue rose 16% YoY to ₹4,910.6 crore, but profit dipped 1.8%. Board announced ₹512 final dividend per share.
- Hindustan Copper: Posted a 50.6% rise in profit and 29.4% revenue growth YoY.
- Bharat Dynamics: Revenue more than doubled, but profit dropped 5.5% YoY.
- Gateway Distriparks: Reported a loss of ₹193.1 crore due to a large exceptional item, despite 42.7% revenue growth.
- JK Lakshmi Cement: Profit up 16.9%, revenue grew 6.6%, dividend declared at ₹6.50/share.
- NMDC: Profit rose 4.8%, with 7.9% higher revenue YoY.
- ITI: Loss narrowed to ₹4.4 crore; revenue surged 73.9% YoY.
- Procter & Gamble Hygiene: Marginal profit increase; revenue declined 1% YoY.
- DCX Systems: Profit fell 37.2%, revenue declined 26.3% YoY.
- Triveni Engineering: Profit up 13.6%, revenue up 24.4%, ₹2.50 dividend recommended.
- Zuari Industries: Swung to a ₹20.8 crore loss, despite 3.8% revenue growth.
- Rashtriya Chemicals and Fertilisers (RCF): Profit fell 23.9%, revenue down 3.9% YoY.
Key Stocks to Watch
- ITC: In focus as British American Tobacco (BAT) plans to offload 2.3% stake worth $1.36 billion via block deal. Trades ex-dividend today.
- HBL Engineering: Received a ₹101.55 crore order from IRCON International for supply of Kavach over 18 months.
- Tata Steel: Filed writ petition seeking ₹757 crore compensation related to coal block cancellation.
- Belrise Industries: Makes its mainboard market debut today.
- Dar Credit and Capital: Debuts on the SME platform.
- Colgate Palmolive, Kennametal India: Both trade ex-dividend today.
- Markobenz Ventures: Trades ex-rights.
F&O Segment Updates
- RBL Bank: Remains under F&O ban.
- Hindustan Copper, Chambal Fertilisers, Manappuram Finance, and Titagarh Rail Systems: Removed from F&O ban list.
With a heavy earnings slate and major corporate developments, volatility is expected in today’s session. Keep an eye on dividend plays, listing debuts, and high-value block deals for actionable opportunities.
